News
Danish ISS shares plunge on concerns over its role in deadly Hong Kong apartment fire
[STOCKHOLM] ISS shares slumped in Copenhagen amid concerns over the Danish company’s role in the renovation of a Hong Kong apartment fire where a deadly fire broke out on...
Buying the S&P 500 is an active bet on AI: BlackRock Investment Institute
The unprecedented AI boom is catalysing a mega structural change that impacts investing., the institute says[SINGAPORE] Just buying the S&P 500 is no longer a passive bet on US equities,...
Prada completes Versace takeover after long courtship
Prada heir Lorenzo Bertelli will become executive chairman of Versace once the integration is complete[MILAN] Prada said on Tuesday (Dec 2) it had completed the acquisition of smaller Italian...
Temasek-backed autonomous driving firm Momenta files for Hong Kong IPO: sources
The firm is joining a growing list of Chinese companies aiming to debut in the Asian financial hub[HONG KONG] Chinese autonomous driving developer Momenta has confidentially filed for a...
STI up 0.3% on Tuesday, amid mixed showing by Singapore shares
Across the broader market, there are 288 gainers and 236 decliners, with 1.3 billion securities valued at about S$1.3 billion transacted[SINGAPORE] Singapore shares had a mixed showing on Tuesday...
STI up 0.3%, amid mixed showing by Singapore shares
Across the broader market, there are 288 gainers and 236 decliners, with 1.3 billion securities valued at about S$1.3 billion transacted[SINGAPORE] Singapore shares had a mixed showing on Tuesday...
Saudi National Bank’s US$1 billion loan adds to Middle East spree
[RIYADH] Saudi National Bank is seeking a US$1 billion syndicated loan, continuing a borrowing rush by the kingdom’s lenders that are helping finance a US$2 trillion economic overhaul.DBS Bank...
Apac PE executives are the least fazed by geopolitical uncertainty in dealmaking: report
[SINGAPORE] Private equity (PE) executives in the Asia-Pacific are the least fazed by geopolitical uncertainty when it comes to making deals, compared with their counterparts in other parts of...
Raffles Education sells 51 Merchant Rd to LaSalle JV for S$121.8 million; reaps S$53 million gain
Four-storey commercial building with conserved buildings and basement car parks sold for about 78% over book value[SINGAPORE] Raffles Education has sold its corporate building at 51 Merchant Road for...
AirAsia founder urges Airbus to re-look software tests
The budget carrier is a major customer of Airbus, which is facing fallout from a weekend software glitch[HONG KONG/SINGAPORE] AirAsia, one of Airbus’ largest customers of single-aisle jets, says...
